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Re: IOM
Cory, Big Brother et al. following Shawn's entry price on IOM.....
Oh boi.....where do I even begin on this one. I'm going to be blunt here, for I have to get back to the business at hand.
Firstly, I do believe in Shawn's picks. He has a proven track record and an impressive % gain on his picks ( the one's he posts here ). Now, in that respect, I take my hat off to him, for he is able to be on the other side of "The Know", without being "Known". He only posts brief statements on his picks.....ALWAYS leaving a myriad of "details"out and questions unanswered. I suppose when you're on the other side of "the know" you obviously cannot answer such questions. He is correct in being brief and by not responding to many questions that may place a crack in his ocean size pool of information. You, as investors, should realize this.....and assume he just has psychic powers, and leave it at that.
Now...how can I say this without seeming rude?.....hmmm....okay.
Asking Shawn for an entry price into IOM is like asking a priest for the exact moment you will break the next commandment. Sure, both men possess knowledge and foresight in the area, but neither can answer factually. So, I guess what I am trying to so gingerly state here is this: When it comes to THE MOST VOLATILE, UNPREDICTABLE, UNDERVALUED/OVERVALUED, BULL vs. BEAR rollercoaster of a stock.........please DO NOT take ANYONE's entry point as FACT. Shawn had stated that HE feels ( but always gives the impression that he KNOWS) that IOM will dip to AROUND 16.26. He also stated that the stock could take off anytime prior to this predicted low, so PLEASE use your own judgement. Obviously if you are following Shawn blindly, utilizing his "powers" than wait for IOM to dip to 16.26 if it makes you content. Me personally, I'm not much into bottom feeding. It's simply too risky to quibble over a few pennies when you're a dime short of bus fair. Hop on that bus and feel good that you made it in.
Unless you people are investing in 2,000+ share blocks of IOM, DO NOT play games with 1/8, 1/4 entry points........it's simply not worth the aggravation. Get in and simply wait with the rest of us. The ride to 26 is inevitable, whether it happens next week, next month or next quarter. IOM is a LONG TERM Wonderment with Obvious SHORT TERM gains......a win win situation here in my opinion.
Regards,
Steve |
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